House For Sale £2,275,000
This substantial Victorian double fronted house overlooks the green expanses of Tooting Bec common. Currently held as 12 room HMO investment producing considerable annual income, this is a very attractive investment opportunity with further scope to increase the rent roll with further development of the building. Alternatively there is scope for different uses, such as re-establishing as a large single-family home or possible conversion into a scheme of upmarket apartments (STP). There is a large basement area under the house that could be converted to living accommodation plus possible scope for a separate studio house (STP) in the rear of garden( with separate access from Tooting Bec road) Elmbourne road is located within the highly sought-after Heaver Estate Conservation Area. The nearby amenities of Balham High Road along with excellent transport options with Tooting Bec tube & Balham mainline / underground stations nearby
